DINAR UPDATES 5-23-16
Post From Dinar Updates
Chat Room Excerpts & Highlights
Dinar Updates Monday AM Chat 5-23-16 Part 1 of 2
larrykn says to subgirl():looks like the news is on the battle going on over there with Isis
subgirl says to larrykn():yep and it is on the fox news too...
larrykn says to subgirl():I think they will take that city in the coming hours now
clay says():GM all thought they already took fallusah
subgirl says to larrykn():hope so, will be nice to finally be done...
clay says to larrykn():I still believe they need to secure their country 1st
clay says to larrykn():hope Im wrong of course
larrykn says to clay():seem they are doing that now
clay says to larrykn():yep
larrykn says to clay():how long it takes is the question lol
larrykn says to clay():I think isis is about to lose the world will see them all gone before this is over
clay says to larrykn():I totally agree
futuremoney says():Fallujah is being taken back from ISIS as we speak..
larrykn says to clay():“Round Table” Dinar Call!! “for Dinar News – that MATTERS!!”
for 5/23 – @ 7:30pm CST from 5/12 - Smart phone user link – Click-N-Listen
Beeson says to futuremoney():great
faith1 says():i see ISIS in all news including radio,, seems that is 90% of what's talked about (v) and GM ALL!
poppy123 says to larrykn():LARRY AND OTHERS ,THE BOOTS ON THE GROUND COMMANDER STATED THE NUMBER OF ISIS IN THE CITY OF FALUSIA IS SMALL UNORGANIZED NUMBERS AND CAN BE TAKEN COMPLETELY OUT IN HOURS IF GIVEN THE FREEDOM TO DO SO.
ALL OUR LOW LIFE MEDIA HAS BLOWN ISIS IN IRAQ WAY OUT OF PROPORTION.
PRETTY MUCH THE SAME SITUATION IN MOSUL. AS FAR AS CONTROL OF ANY CITY THEY HAVE NEVER HAD CITY CONTROL JUST HAVE PEOPLE SO SCARED THE CITY LEADERS HAVE FAILED TO DO THEIR JOBS.
IN IRAQ ISIS IS THE TAIL OF THE SNAKE AND THE HEAD IS IN SYRIA AND TURKEY. RELAX WHEN THE ORDERS COME AWAY THEY WILL GO. ONE OTHER POINT . IN THE 2 YEARS YOU EVER HEARD OF OUR MILITARY TAKING A PRISONER ???? NOPE --- ASK YOURSELF WHY ? POPPY3
futuremoney says():does not really matter how the media presents this, a Victory will shore up the people's confidence in Abadi..
larrykn says to poppy123():thank you , you are right there are only about 1000 isis there now, shouldn't take that long to get rid of them and they told the people to get out all good :)
arrykn says():EU calls for Iraqi politicians to engage in dialogue and the speedy implementation of reforms
Writer: Editor: BK 23/05/2016 17:45 Number of Views: 43 Long-Presse / Baghdad
Counting heads of European diplomatic missions in Iraq, on Monday, that the people have the right to express himself as "freedom and peaceful" as part of the democratic principles, while urging political leaders to engage "emergency" peaceful dialogue to overcome the parliament crisis,
and the deputies of the meeting and consensus on the fight against corruption and carry out political and economic reforms demanded by the people, they stressed the importance of the Iraqi leadership to show its readiness for "the leadership of the country in front of" sustainable solutions.
He said the EU office in Baghdad, said in a statement Tzmt (range Press) copy of it, "European heads of diplomatic missions of the 14 in Iraq, expressing deep concern about the political situation in the country," adding that they "support the efforts of the three presidencies and leaders politicians in parliament to find a peaceful and sustainable way forward. "
And saw the heads of the EU missions, that "respect for human rights is especially important at this sensitive time," and argued that "the people's right to express himself freely and peacefully in the street, which is vital to the democratic system and is part of Iraq's reform program."
He called on the European Heads of Missions 14 in Iraq, according to the statement, the political leaders to "emergency engage in peaceful dialogue to diagnose the differences that hinder the work of the parliament," urging Iraqi parliamentarians on "meeting at the Parliament for a consensus on the fight against corruption and carry out political and economic reforms demanded by the Iraqi people." .
Promised the heads of European missions, it is "very important that the Iraqi leadership appears ready to lead the country forward with sustainable solutions and reconciliation at this crucial time in Iraq's history," arguing that "it is only through unity of moderation and solutions and to cooperate with the potential to meet all the Iraqi people's needs and prioritized, because effective reform can be done if the Iraqi institutions able to work in a safe environment. "
The European heads of missions in Iraq, "they are still continuing to provide
larrykn says():humanitarian and financial support to Iraq and its people, to reach national reconciliation, stability and reconstruction", stressing that "the EU countries continuing support of Iraqi forces in the war against Daash, through the International Alliance ".
And broke into thousands of demonstrators, especially followers of the Sadrist movement, on the first Friday, the Green Zone, the seat of prime minister, which led to a deal with the security forces them with hot water and tear gas, then rubber bullets, and the neighborhood, killing at least two of them and hundreds injured,
in serious development marks over things worse, popular discontent as a result of "political infertility" and the lack of improvement in services and accounting corrupt and implement real reforms, especially since many of the provinces witnessing demonstrations continuously since (the 31st of July 2015), with little twist.
david334 says to _firefly_():Todays news that Iraq welcomes bids for $21 bil worth projects, invitation to foriegn insurance companies is interesting but without a fairly valued currency how can companies outside Iraq determine ROI and seriously persue bidding? Headlines don't translate to Iraqi GDP growth. Any thought firefly?
david334 says():The minister of energy discussed the diversification plans to export phosphate. Spoke of the mineral richs and precious metal assets untouched in the ground but at .008 how does that get funded? I am wondering if any of this might be presuring the IMF and CBI to address the currency bottleneck.
larrykn says to david334():they are preparing to go global, once they go into chapter 8 and revalue this will all be done at the same time, you have to get things in order before pushing that button
david334 says to larrykn():Larry I know that is the key but I thought that the amended budget, adjusted for the global bond offering, was the last item on the long list to compliance. I was just thinking that if that is the case is there any circumstance that logically creates the incentive to pull the trigger. There probably is no answer to that I am just probing.
larrykn says to david334():Bank stocks push Iraq Index for the third retreats
larrykn says to david334():
trading market for securities Iraq Hall, from Reuters Arabian Eye
Direct: continued general index of the market downturn Iraq by the end of trading Monday for the third day in a row, pressured by banking stocks.
The index fell today 0.45%, or 2.32 points close at 518.67 points.
The index was influenced today's negative performance of the shares of banks, issued by the Gulf Bank slipping 5.88%.
With limited heights Ahli share of the market loss as it rose 8.89% to lead the trading in terms of value and volume of about 206.58 million dinars after trading 427.476 million shares.
And it amounted to trading volumes today as the 963.243 million shares worth 593.567 million dinars.
Trading was on the shares of 31 companies, nine of which the prices have fallen, as the prices of other shares rose 9, 13 and stabilized prices of other shares.
david334 says to larrykn():Thanks intersting. Could that be higher costs of funding /deposits and net interst margin pressure? The markets decline is puzzling to me given the forward outlook.
rcookie says to david334():DAVID....FIRSTLY THE 201 BUDGET HAS NOT YET BEEN AMENDED OR ADDRESSED TO REFLECT RECENT SBO LOAN PROGRAM PREREQUISITES....
SECOND....THE $2 BILLION EOROBOND PROGRAM IS ALREADY IN THE EXISTING EXECUTING 2016 AND FULLY ACCOUNTED FOR....WHICH IS WHY THERE IS NO WAY THOSE BONDS WONT BE RELEASED....
JUST AS THE OTHER BONDS AND LOANS ALREADY IN THE BUDGET....
SO THERE WAS AND IS NOTHING FOR THEM TO BE IN COMPLIANCE WITH OTHER THAN THE 13 TRILLION DINARS BUDGET BELT TIGHTENING AND SBA LOAN DISBURSEMENT IN JUNR TO ADDRESS IN BUDGET LAW REVISION....
larrykn says to rcookie():gm sir , thanks for that info :)
rcookie says to david334():THE MARKET DECLINE IS COMPLETELY EXPECTED AND COMMENSURATE TO...THE RECENT POLITICAL CLOWN CAR SHOW IN BAGHDAD....AND COLLATERAL BOBMBING & SECURITY...
david334 says to rcookie():rcookie that makes sense because the market at the moment is driven by local Iraqi sentiment and free for alls dont help that. Based on your observations the trading platform that has been built is as sophisticated as any so the trading volumes and valuations will benfit. Do you think the listed companies have already restated numbers for a fair value currency?
rcookie says to david334():HOPE THAT HELPS..
david334 says to rcookie():Thank you it helps a lot your knowledge has been a blessing. Especially because its all your goodwill and I have benefited big
rcookie says to david334():THAT IS THE $64,000 QUESTION...BUT IMO NOW WITH ALL THE INFRASTRUCTURE MECHANISMS IN PLACE..INCLUDING IAS & IFRS...THERE GLOBAL OPENING & ACCESS CAN NOT HAPPEN AT CURRENT ARTIFICIALLY SUPPRESED RATE...
jeffusa says():THERE GLOBAL OPENING & ACCESS CAN NOT HAPPEN AT CURRENT ARTIFICIALLY SUPPRESED RATE...... I like that
rcookie says():WOW!!!!!.....PLEASE READ CAREFULLY...LETS YOU KNOW WHAT THEY ARE LOOKING FOR FROM INVESTMENT LAW AMENDMENTS....EXACTLY....
rcookie says():Iraqi officials offering development of investment legislation
Amman , May 23 (Petra) - Iraqi officials displayed at Monday 's meeting, entitled "Reconstruction of the legislation and investment" special legislation reconstruction, investment and the law of the Iraqi investment.
Comes this session events within the conference and exhibition of Arab Iraq (reconstruction and investment in 2016), organized by the Arab Contractors Federation in cooperation with the Ministry of Works and the company PANA for exhibitions and conferences with the participation of Iraqis and Jordanians and Arab officials, economists and representatives of companies and organizations and Arab finance institutions.
The MP said the Iraqi parliament Faris Faris, that some areas in Iraq Kmhafezta Anbar and Mosul must begin Bamarhma from scratch, the areas ravaged by terrorism, noting that the investment needs to be security and legislative stability, and that Iraq at this year started walking towards the achievement of security and stability .
He added, WE in the economic and investment commission modified the investment law so that equated adjustments between foreign and Iraqi investors, and it became the right of foreign full ownership companies, as well as the granting of loans from Iraqi banks guarantees the project itself, indicating that Iraq is seeking to open Trebil border crossing with Jordan, as well as opening international highway between Iraq and Jordan, especially given that Jordan is an important outlet for Iraq.
Included amendments to the investment law to provide land to the investor within 60 days, it was to provide guarantees so that the government could nationalize the project, in addition to the right of the investor to resort Iraqi and international courts.
rcookie says():He noted that Iraq still suffers from financial and administrative corruption and not to put the right man in the right place sectarian quotas are currently working to fight it .
And he offered the Attorney Nora Albjara, a member of the Committee on the economy and investment in the Iraqi Council of Representatives, the Iraqi investment law, and said it was to make amendments included a paragraph 18 , mostly based on interviews with Iraqi investors.
She told the Iraqi sector are now opportunities for investment , especially with the new law and the urgent need for the liberated areas to start from scratch in the development, but we are in front of two problems two major,
insecurity and corruption, but in the case of editing the provinces of Nineveh and Anbar, there are great opportunities for companies to invest, and we are an economic as a committee We will support investors in the reconstruction of Iraq.
She said Hamadoun pros MP, member of the Finance Committee in the Iraqi Parliament, are still in Iraq, the cash deal with funding and must switch to credits and bonds currently seek to Tibz Banking Act and encouraged to provide loans to investors.
He said Dr. Sabah al - Tamimi Member Services Committee in the Iraqi Parliament, the Commission contributed to the issuance of legislations and laws that would develop infrastructure investment in Iraq.
rcookie says():Tamimi , concise and presented for the most important laws that were approved in parliament, particularly the amendment of the Investment Act, which aimed to overcome the challenges and obstacles that will invest escape from Iraq and therefore the reflection on Iraqi development.
She said the amendments included the Companies Law for the purpose of their participation with private companies, and to ratify the application of encouragement Agreement and Investment Protocol between Iraq and the Republic of German federal and agreement on economic and technical cooperation between Iraq and Kuwait,
and the Convention on road transport of goods and people with the Jordanian government law, and to ratify the creation of the Council agreement trade Ministerial with the United Kingdom, and the law of the fourth amendment to the Law of civil Aviation in order to keep up with the international civil Aviation Organization and the expansion of the civil aviation authority tasks.
Conference and exhibition , which opened on Sunday and lasts three days will be which offer investment opportunities and projects completed and stalled and the current and future approved and the size of the necessary funding and the funding that has been spent on projects during the previous years and the vision of the Iraqi ministries of these projects,
and the role of unions and banks Iraqi, Arab and programs of international organizations working there in reconstruction, investment and possibilities of financing and lending of Arab financial institutions,
and the size of the necessary funding to complete the stalled and the future role of the Ministry of Finance by the projects and the guarantees that can be offered, in addition to the needs of the reconstruction of areas affected by the terrorist attacks and the role of the reconstruction of those areas Fund and the mechanism of action and sources of funding and grants approved areas allocated to it and the way grants spent on projects and definition Bmnfvea and the size of the funding for it,
and the mechanism of grants admission and employment in the projects, housing projects carried out and stalled available and the size of the necessary funding to rebuild infrastructure in the liberated areas, and the needs of Iraq 's schools and types, and the number of destroyed schools caused by terrorist operations and editing and funding needed for rebuilding ,
and opportunities for the establishment of civil and Arab and foreign schools and the acceptance of grants to create quick installation prefabricated schools in the liberated areas.
rcookie says():And it includes also the conference sessions on offers of Iraq 's needs of health projects, and the need for municipalities to finance projects, and projects of electricity generation, transmission and distribution and investment opportunities in the electricity sector and the equipment,
controls and guarantees and privileges in, and the importance of the Iraqi currency stability and the role of the Central Bank of Iraq in securing guarantees for loans granted and possibilities cooperation with Arab banks.